Peoples Perspective

California Farmland Investment in a Dynamic Market

 July 10, 2024
 Land Values   Real Estate 

California has long been the United States’ most significant agricultural producer in terms of crop diversity and total crop value – its ag exports alone are worth more than the total production of 44 states and California is the only state that generates over 10% of America’s agricultural receipts.

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Iowa Land Values Update | 2024 Quarter 2

 July 2, 2024
 Land Auctions   Land Values   Industry Insights 

Peoples Company tracks agricultural auctions across the state of Iowa. From this data, we calculate the average dollar per CSR2 point ($/CSR2) for sales of tracts with greater than 85% tillable land. Additionally, these tracts are largely unimproved or include minimal improvement contribution.

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Land Auction Results | June 2024

 July 2, 2024
 Land Auctions   Land Values   Industry Insights 

The appraisal team at Peoples Company was able to track 87 tracts or 7,243 acres sold at public auction in Iowa during June 2024. The average dollar per acre was $11,298, the average dollar per tillable acre was $13,538, and the average dollar per CSR2 was $168.

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Renewable Energy in the Midwest: Powering the Future

 July 1, 2024
 Energy Management 

The Midwest region of the United States, known for its expansive farmlands and agricultural heritage, is becoming a powerhouse for renewable energy development. This transformation is driven by the region's abundant natural resources, technological advancements, and supportive policy frameworks. In this article, we explore the current landscape of renewable energy in the Midwest, focusing on wind and solar power, and the benefits and challenges associated with this green revolution.

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IEA and EIA Renewable Investments and Oil and Gas: A Comprehensive Update

 June 24, 2024
 Energy Management 

The energy sector is undergoing a transformative period marked by significant investments in renewable energy alongside continued robust investment in oil and gas. Understanding these investment trends is critical for stakeholders, policymakers, and the public, as they shape the future of energy supply, economic growth, and environmental sustainability.

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Nourishing the Future: Sustainable Farming in the Face of Population Growth

 June 20, 2024
 Agriculture   Industry Insights 

As the global population is projected to reach nearly 9.8 billion by 2050, the demand for agricultural products will surge, challenging current farming practices to be more sustainable and less environmentally damaging. This blog explores the crucial role of fertilizers, their impacts, and how regenerative agricultural practices offer a sustainable path forward.

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The Risks and Benefits of Grazing Cover Crops

 June 17, 2024
 Land Management 

The benefits of cover crops have long been celebrated in the agriculture community. Hailed as unsung heroes, they are known to prevent erosion, improve soil structure, and suppress weeds. Grazing cover crops is simply the next logical chapter in the regenerative saga. Soil enthusiasts champion this natural method of maintaining soil fertility, likening it to nature's own recycling program.

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Eminent Domain Valuation

 June 13, 2024
 Land Values 

Farmland owners face several challenges to ownership related to utility companies, pipeline companies, highways, and others who need to acquire property for a potential new corridor through their land. There are increasing demands for power and energy sources which is leading to increased demands from agencies needing to acquire land. It is important for landowners and companies that need to acquire a corridor to understand the process of completing appraisals for eminent domain purposes.

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Farmland as an Inflationary Hedge – What Types of Agriculture Production Should be Considered?

 June 10, 2024
 Real Estate   Land Values   Industry Insights 

As inflation rates continue to rise in the United States, investors have renewed interest in alternative investment opportunities that can outperform traditional asset classes without sacrificing stability. In 2021, The Land Report named Bill Gates as the top private farmland owner in America, since then investors of all sizes and backgrounds have flocked to the agricultural sector.

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Carinata: A Promising Winter Crop in the Southeast U.S.

 June 6, 2024
 Land Management 

Wind and solar energy get significant attention as key renewable energy sources as the country diversifies from fossil fuels. Just as significant is the biofuels sector, where ongoing plant breeding research aims to increase yield and enhance production sustainability for biofuel feedstock.

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